LCCC signs three contracts under UK hydrogen round
The Low Carbon Contracts Company (LCCC) has signed three hydrogen production contracts under Hydrogen Allocation Round 1 (HAR1), part of the UK government’s Hydrogen Production Business Model. These initial agreements include the Cromarty, Whitelee, and West Wales projects, with a combined capacity of 31.8 megawatts (MW). The Hydrogen Production Business Model offers long-term revenue support to hydrogen producers, reducing investment risks and fostering the hydrogen economy. It builds on the Contracts for Difference (CfD) scheme….